Analisis Pengaruh (CR), (NPM), (DER) dan (TATO) terhadap Price Earning Ratio Pada Sub Sektor Otomotif Yang Terdaftar Di BEI

Abstract

The purpose of this study was to determine how much influence each variable has on Price Earning Ratio. This type of research is quantitative research. The data collection technique used was documentary study and used purposive sampling in taking samples. The data used are company profile data, company annual reports, company performance summaries of twelve companies in the automotive sub-sector listed on the Indonesia Stock Exchange from 2012-2018, accessed at www.idx.co.id. Based on the results of the F test, it is known that the significance value of the F test is 0,000 <0.05, it can be concluded that the independent variables consisting of Current Ratio (CR), Net Profit Margin (NPM), Debt To Equity Ratio (DER), Total Asset Turnover ( TATO) simultaneously affects the Price Earning Ratio. Based on the results of the T test, it is known that CR of 0.007 and DER of 0.000 have a negative effect on Price Earning Ratio (PER), while NPM of 0.179 has no effect on Price Earning Ratio (PER) and TATO of 0.000 has a significant positive effect on Price Earning Ratio (PER) . Based on the results of the Determination Test (R2), the R2 value was 0.559 or 55.9 percent.